Between 2013 and 2023, the import of high tenacity nylon yarn to Indonesia demonstrated fluctuating growth, registering a 3.6% CAGR over the past five years and standing at 13.73 million kilograms in 2023. Historical data illustrates periods of robust growth, particularly between 2013 and 2017, offset by dips in 2018 and 2020. The forecast indicates moderate, steady increases, with a projected 1.99% CAGR from 2024 to 2028, suggesting a forthcoming total growth of 10.36% by 2028.
Future trends to watch for include:
- Technological advancements in textile manufacturing influencing demand.
- Global trade policies and bilateral agreements impacting import volumes.
- Economic conditions and potential shifts in domestic production capacity.